Established Fitness Studio
www.GlobalBX.com
Listing ID:
700370130
Listing Title:
Established Fitness Studio
Quick Link:
http://www.globalbx.com/listing.asp?bId=370130
Industry:
Health and Medical
Industry Segment:
Health Clubs and Spas
Country:
United States
State / Province:
Massachusetts
Area
City:
Bristol County
Asking Price Range:
< $250K
Gross Revenues:
$200,252
Cash Flow:
$57,728
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2018
Number of Employees:
6 - 9
Business Description:
Summary Description:
''SALE PENDING''
A unique opportunity to own a turn-key fitness studio, this business provides the finest studio space, advanced equipment and expert instruction in the region for indoor cardio fitness.
Established by a fitness enthusiast and instructor this business offers multiple daily classes led by certified instructors utilizing industry-leading equipment stations and supported by cutting edge lighting and sound systems.
The business achieved consistent growth since its establishment with a decline in revenue in 2020 due to COVID that has since returned to previous revenue growth trajectory.
Facilities:
The fitness studio is an approximately 3,000 square foot space in a prominent retail plaza.
The studio space was custom designed for the indoor cardio fitness experience with professional cardio stations, cutting edge lighting and sound systems, premium furniture and storage features and indoor and outdoor company branding and signage.
The retail plaza includes an expansive parking lot as well as additional on street parking.
Growth/Opportunity:
The current, positive trend of new customer acquisition, robust class participation and resulting revenue trajectory indicate that the business is poised for continued growth.
Growth may also be achieved with new product and service offerings that complement the studio space and client demand in the local fitness market.
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